Answer:
The 98% confidence interval would be given by (55.639;62.361)
Explanation:
Information given
represent the sample mean
represent the sample deviation
represent the sample size
Solution to the problem
The confidence interval for the mean is given by the following formula:
(1)
The degrees of freedom are given by:
The Confidence is 0.98 or 98%, the significance would be
and
,and the critical value would be
And replacing we got:
The 98% confidence interval would be given by (55.639;62.361)